date:May 08, 2012
The companys head of bioactive ingredients division, Boaz Noy, said ongoing growth in its biggest market the US along with surging demand in Australia and India were the primary drivers for the expansion.
The company said the market had responded well to its MSO freshness enhancement technology.
The private company does not reveal its financial statements but sales growth figures from market leaders Neptune Technologies and Bioressources and AkerBiomarine confirm the health of the sector.